Journal Entry for Insurance Premium Paid in Advance
In this article, part of our accounting tutorial series, we review the journal entry required when an insurance premium is paid in advance. We have a quick look at what … Read More
Tag: journal entries
Dividend Collected By Bank Journal Entry
In this article we answer a question from a reader who asked “what is the journal entry that records a dividend received or collected as cash into their bank account”. … Read More
Journal Entry for Creditable Withholding Tax
This tutorial covers the journal entry for creditable withholding tax, in particular looking at an example from the Philippines.
Paid Trade Expenses Journal Entry
This article, as part of our accounting tutorial series, looks at what journal entry is made when a trade expenses are paid.
Rental Income Journal Entry – With Examples
Over the last few weeks we have been focusing on accounting tutorials around balance day adjustments, in particular accrued revenue. As part of that we looked at unbilled rental income. … Read More
An Introduction to the Double Entry Accounting System
The first and the most important accounting lesson relates to the double entry system. It is vital to build the foundations and understand how the double entry systems works, what … Read More